The bullish momentum on the Nigerian Exchange extended on Tuesday, with investors gaining approximately N1.36 trillion as ...
The Nigerian naira traded within a relatively stable range against the United States dollar on Monday, May 11, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel ...
Nigeria operates a multiple exchange rate regime, which the Central Bank of Nigeria (CBN) has defended. But the International Monetary Fund (IMF) has faulted the multiple exchange rate regime and ...
Charles Robertson, global chief economist at Renaissance Capital in London, believes that Nigeria is preparing to unify its exchange-rate system this year. “The gains of the dual exchange-rate system ...
In terms of new money going into frontier markets, investor concerns about being able to access their money mean that “Nigeria is not getting a single dollar ...
Will a brutal decline in the Naira force the country to finally end its multiple-exchange-rate system? In the five months between March and August of this year, Nigeria’s currency, the Naira, fell by ...
On Tuesday, January 26, 2021, the Governor of Central Bank of Nigeria (CBN) , Mr Godwin Emefiele addressed the first press conference in the year where he unfolded the decision of the Monetary Policy ...